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Smart Meter Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Smart Meter Manufacturing Market Research Report | Technology | Water | Jun 2015

Smart power: The industry will thrive on rising energy consumption and housing starts

IBISWorld’s Smart Meter Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
General Electric Company General Electric Company  market share
Itron Itron market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
11.3%
Annual Growth 15-20
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Profit
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Employment
3,556
Businesses
57
Industry Analysis & Industry Trends

The Smart Meter Manufacturing industry has surged ahead during the past five years, fueled by growing demand for smart meters and aggressive adoption of the technology in states such as Texas and California. In addition to improving housing and construction activity, demand for industry products has benefited from a greater number of utilities converting to smart grids. Similar trends are expected in the five years to 2020, as a greater number of states and regions adopt smart grid utilities. Additonallly, emerging market grwoth will prompt healthy external demand.... purchase to read more

Industry Report - Starting a New Business Chapter

The Smart Meter Manufacturing industry has moderate barriers to entry that have been increasing over the past five years, thanks to the rapid pace of industry growth. The major barriers to entry in this industry include a technical knowledge of smart grid technology and advanced smart metering, start-up costs, a moderately concentrated market, heavy competition from imports and economies of scale. Technical advances to existing products can set players apart from competitors. The large players in this industry are generally well established, with a wealth of technical and market knowledge acquired over long periods of operation... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Smart Meter Manufacturing Industry?

This industry manufactures smart meters, which are electrical, gas or water meters that record consumption information in intervals of an hour or less and communicate this information back to the utility for monitoring and billing purposes. Smart meters enable two-way communication between the meter and the central system.

Industry Products
Electric metersGas metersWater meters
 
Industry Activities
Manufacturing electricity smart metersManufacturing gas smart metersManufacturing water smart meters


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